---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-24-017570"
form_type: "8-K"
ticker: "RYES"
cik: "0001424864"
company_name: "Rise Gold Corp."
filed_at: "2024-10-11T23:59:59+00:00"
generated_at: "2026-05-30T15:18:40.290285+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Rise Gold closes US$500k secured debt financing with Myrmikan Gold Fund

## Summary
- $500k loan at 15% annual interest, 4-year term, secured against company assets.
- Lender issued 2,882,514 warrants exercisable at $0.1735/share for 4 years.
- Lender is Myrmikan Gold Fund, managed by director Daniel Oliver Jr. (related-party transaction).
- Proceeds used for working capital; warrants are additional consideration.
- Loan may be prepaid with accrued interest; no prepayment penalty specified.

## SEC filing metadata
- accession: 0001062993-24-017570
- form_type: 8-K
- ticker: RYES
- cik: 0001424864
- company_name: Rise Gold Corp.
- filed_at: 2024-10-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424864/000106299324017570/0001062993-24-017570-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424864/000106299324017570/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-24-017570
- JSON: https://secwatch.observer/filing/0001062993-24-017570.json
- Plain text: https://secwatch.observer/filing/0001062993-24-017570.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.